Ask Question
19 January, 03:39

What scenarios would cause the u. S. Short-run aggregate supply curve to shift to the left?

+4
Answers (1)
  1. 19 January, 03:41
    0
    The aggregate supply curve shifts to the left as the price of key inputs rise, making a combination of lower output, higher unemployment, and higher inflation possible. When an economy experiences stagnant growth and high inflation at the same time it is referred to as stagflation.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “What scenarios would cause the u. S. Short-run aggregate supply curve to shift to the left? ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers